MAM

GoAir, SBI Card and Visa launch co-branded credit card

27 Oct, 2006 - 03:25 PM IST | | 770 Reads

MUMBAI: GoAir in conjuction with SBI Card announced the launch of the co-branded credit card, the GoAir SBI credit card in association with Visa International.

Targeted at value conscious GoAir fliers, the GoAir SBI card offers a rewards programme that entitles cardholders to get four reward points on every Rs.100 they spend on buying GoAir tickets with their GoAir SBI card. Cardholders can redeem these reward points, against subsequent GoAir ticket purchase.

Commenting on the launch, GoAir managing director Jeh Wadia said, "This is a partnership with industry leaders; SBI card brings unique strength into the program with its reach, GE brings in its worldwide experience in terms of loyalty/ co-brand management, and of course Visa for leadership, innovation and technology expertise in the payments industry."

Talking about the tie-up, he further added, "credit card spends in the airline category have shown a phenomenal rise of 80 per cent over the last year. On the other hand, SBI cards portfolio has recorded a healthy 77 per cent increase on spends in the airline category. We are confident that GoAir, SBI cards and Visa will be a winning combination."

The GoAir SBI card is comes with features like complementary air accident insurance cover, purchase protection and flexi pay among others. Some of the prominent features offered on GoAir SBI Card include:

- Reward Points - On every Rs. 100 spent on buying GoAir tickets, the cardholder earns four reward points. These rewards points can be redeemed against buying GoAir tickets.- 10 per cent off on the first ticket booked on the GoAir site www.goair.in using SBI GoAir card, within 30 days of receiving the card. - 5 per cent off on ticket/tickets booked on the GoAir site www.goair.in using SBI GoAir card on second and subsequent purchases.- Complimentary Insurance covers on GoAir - Rs 24 million worth air accident cover.- Save with per cent transaction fee on fuel purchase at select IOC and IBP petrol pumps.- Balance transfer facility at 0 per cent interest for 75 days. - Flexi Pay - Convert your retail purchases into an easy instalment payment plan at low rate of interest.- Free Purchase Protection against fire and theft up to Rs. 15,000 for 90 days.- Easy bill payment facility - pay utility bills on the card.- 24 hour SBI card customer helpline in India and SBI Card travel visa emergency services in 75 countries.